Loan Repayment Information

Responsible borrowing helps you pay for college, but also helps you establish a good credit history. Similarly, not making your regular monthly payments can result in a poor credit rating or even default. TU students have been responsible borrowers. Here are a few facts:

  • TU's current default rate is 5%.
  • Approximately half of TU students borrow while in school.
  • TU undergraduate federal loan borrowers graduating in May 2013 had an average debt of about $26,294 resulting in a 10-year standard monthly payment of approximately $303 per month at today's interest rates.

The average indebtedness based on College is as follows:

Undergraduate College % who borrowed Average Debt
Arts & Sciences 50% $25,000
Business 41% $29,142
Engineering & Natural Sciences 33% $24,999
Graduate College* % who borrowed Average Debt
Arts & Sciences 47% $45,330
Business 42% $27,083
Engineering & Natural Sciences 56% $28,578
Law College* % who borrowed Average Debt
College of Law 81% $103,873

*Includes loans taken while at The Universityof Tulsa during undergraduate years.

Certificate of Paralegal Studies


Year Federal Mean Debt Private Mean Debt Institutional Finance
Plans Debt
2006 $13,155 $0 $272.71
2007 $16,684 $0 -
2008 $15,877 $10,055 $1,220.51
2009 $14,989 $0 -
2010 $12,592 $0 -
2011 $12,982 $0 $675.09

Information Security Certificate


Year Federal Mean Debt Private Mean Debt Institutional Finance
Plans Debt
2009 $16, 449 $2,380 -
2010 $12,500 $0 -
2011 $8,631 $0 -

To try out specific loan payment plans, use the following links:

Private Loan Repayment Information

Refer to your Master Promissory Note or Final Disclosure Form from your private loan lender for specific details regarding terms and conditions or you may directly contact them. You may also contact Student Financial Services for general information or questions.